The Risk of Cyber Theft in Software Solutions for Businesses; Is it Really a Risk After All?
If you are trying to figure out your way around software solutions or point-of-sale systems as a business owner, then you might have come across a few warnings about cyber theft and malware. You might be wondering whether you should just ignore these warnings and focus on getting a software solution for your business. Or you may have read about a couple of online hackers and figured that you know what? Let's just not dive into software solutions for now.
Here’s the thing though, as a business owner you are always at risk of some kind of theft. You have confidential data about your business, and also about your employees and customers. At the same time, you also have a valuable shop, office, maybe a godown or warehouse and tons of products. This fear of getting hacked or robbed shouldn’t stop you from making decisions that will help you operate your business successfully.
There are so many ways and reasons to hack data online. Cyber theft is performed with the help of malware which is a software designed to disrupt and gain unauthorized access into the host/user data system. It could be established so the hacker gets:
- User credentials to access bank accounts and other valued information.
- Personal information like the home address of certain customers/employees.
- The e-mail list and other contact information to do phishing.
- Privileged data and sell it in order to earn money.
- Users tricked into making security mistakes which is called Social Engineering.
- The system kidnapped and ask for a lump sum amount from the business owner. This is called ransomware.
The intention isn’t to scare you, but these are just a few examples.
However, now it’s time to introduce cyber security to you. Cyber security is nothing but the opposite of Cyber theft. It doesn’t allow these types of unauthorized access and disruption into the host/user’s data system. It is the best prevention system for a problem like this. Researchers say that cyber security is the need of the hour for retailers who use software solutions, cloud hosting, point-of-sale systems, biometrics, etc. With the ease that comes with using a software system and handling it all from one device over an internet connection, also comes the risk of losing all important data through one interface.
Here are some ways by which you can blockout and bring the risk factor of cyber theft to almost zero percent:
- Update and Install: Check for system updates and install the latest versions of your software solution system as well as security system.
- White Listing: White listing facilitates only those applications and integrations that are already listed to run in the host system. This helps prevent other unauthorized accesses.
- Real-time Visibility: With the help of clear and full visibility, security operators can observe what programmes should be running in the system and which ones are not to be used. They can shut down any unwanted applications.
- Surety Checks: Before running a programme into the system, double check on it and get it approved by the security operator.
- Chip Code: In order to prevent payment card information theft, use chip technology only. This makes it hard to steal and grab card information.
- Two-Factor Authentication: It may seem that this slows the entire login part, but using double authentication is great for security maintenance. This helps in getting notified about user entry as well.
- Educate your team: Software solution systems are multi-user friendly. Inform each user how the security system works and keep the communication frequent.
- Automate: In order to keep the business running seamlessly, use security systems that are invisible to the end-user so that there are no faulty operations.
- Monitor: Keep a lookout for differences in behavior of any user, whether human or non-human. This allows detection of any wrong activity and is a warning sign that the system may be hacked or data is being leaked.
To close it all, be safe and informed about what’s happening in your software solution systems. Choose a security system and security operator that you trust and rely on. This way you shall be able to run and operate your businesses without worrying about it being robbed or kidnapped. Get your hands on the software system for all your business needs, you can check out our products(https://udevelopvmarket.com/products/) as well.